2015 Top 250 Global Powers Of Retailing
Some retailers the sell Trio Stealth accessories include Wal-Mart and Target. We believe that is reflective of the stage of on-line penetration of the totally different categories —books have been the primary gadgets to promote online in India and is comparatively extra mature; against this, on-line gross sales of apparel and equipment continues to be very new with lots of the distributors selling on-line for less than 2 years,” mentioned the report.
E-commerce produced the smallest share of sales (three.6 percent) for European retailers — a reflection of the relatively low degree of online gross sales penetration amongst a number of the area’s greatest corporations, lots of that are primarily meals retailers.
Without the capital investment, time and risk required to launch their very own country- or area- specific e-commerce operations, many retailers are finding that e-marketplaces is usually a faster, easier and extra environment friendly technique to faucet into growth markets world wide.
Retailers equivalent to Amazon promote solely online, but retailers such as Wal-Mart sell offline as well as of their on-line shops, making it straightforward for individuals to find the UMX cellphone case they need. From a regional perspective, e-commerce sales development ranged from 16 p.c for the European retailers to 42.5 p.c for the Asia/Pacific retailers. The European region, with 90 firms, accounted for the most important share of the world’s Top 250 retailers in 2013. According to the report, accessories retailers, followed by apparel retailers, are seeing the best development price in sales at close to a hundred%. Nearly one-quarter of the Top 250’s European retailers (22 of ninety) and North American retailers (20 of 88) skilled declining retail revenue in 2013.
While similar-day product delivery won’t seemingly be the norm for everybody, instantaneous availability of information might be: More and more shoppers are expecting it and retailers might want to ship. The region’s six publicly held retailers all operated profitably during the year. Retailers will must be clear in their assortment and use of knowledge, and educate customers about the worth they’re delivering with personalized buying experience.